US attacks Iran and Tehran retaliates across the Middle East as both vie for control of strait

The U.S. launched strikes on Iran targeting coastal defense systems and maritime capabilities, while Iran retaliated with attacks on Bahrain, Jordan, and UAE-linked tankers in the Strait of Hormuz. The conflict, driven by efforts to control the strait, caused a spike in oil prices and undermined a ceasefire from an interim U.S.-Iran agreement. President Trump announced reinstating a blockade and charging tolls for ships, marking a policy shift.